73% of members reported that dealing with rising operational costs is the #1 challenge they face.

70.4% reported their #2 challenge is managing finances with the uncertainty of Medicare reimbursement rates.

54% said that maintaining physician compensation levels in an environment of declining reimbursement is their #4 challenge in medical practice today.

So, what can physicians do to manage the rising cost of practice, better manage cash flow, and increase profit margin? The answer is simple: The key to the success of every healthcare business is good financial management.

And, the key to good financial management can be found within a good bookkeeping system. A bookkeeping system that is always accurate and up-to-date can provide the statistical data needed to make more profitable business decisions, allocate resources, and budget expenses.